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Monday, January 24, 2022
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APDCL submits proposal to hike power tariff by 23 per cent

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The Assam Power Distribution Company Ltd. (APDCL) has submitted a proposal to the Assam Electricity Regulatory Commission (AERC) to hike power tariff by around 23 percent to overcome the revenue receipt-expenditure gap.

AERC to decide the new tariff:

It now wholly depends on the AERC to decide a new power tariff through public hearings, besides seeing the justification of the proposal. Some consumers and organizations in the state raise a hue and cry in every power tariff hike. They, however, do precious little to attend public hearings to justify their stance.

Statement by MD of APDCL:

While speaking to the Sentinel, APDCL MD Rakesh Kumar said, “We had around Rs 1,200-crore revenue earning-expenditure gap last year, including Rs 900-crore distribution-related loss. The cost of coal, maintenance of machinery and equipment etc., have gone up. We procure power from various sources. We cannot cut some fixed expenditures. During the Covid-19 pandemic, the industries remained closed, leading to less power consumption in the industrial and commercial sectors. We had to incur for that as we could not sell them power.”

“We have no alternative sources of revenue other than a tariff. We have given details of our revenue and expenditure to the AERC. We will accept the rate that the AERC will fix through public hearings,” he further added.

Also Read: COVID: MIZORAM REPORTS 249 NEW CASES; 155 RECOVERED

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